Articles by Central Banking Newsdesk
SNB’s Maechler to take deputy role at BIS
Senior Swiss official will replace Luis Awazu Pereira da Silva as deputy general manager
UK brokers sale of SVB subsidiary
HSBC to buy tech lender’s UK arm for symbolic fee after BoE takes part in emergency bidding process
Swift completes cross-border CBDC settlement pilot
Banque de France, Bundesbank and the MAS among central bank participants
Central Banking Awards 2023: first group of winners revealed
Awards for Central bank of the year, Risk manager and asset service providers announced today
Fed creates new liquidity backstop amid contagion fears
Valuing collateral at par marks significant break with rules on standard liquidity facilities
ECB to run cyber attack stress test for eurozone banks
Eurozone banks have seen major increase in hacking after Russian invasion of Ukraine, Panetta says
Bank of Guyana rejects FX criticism
Country’s FX reserves fell to 1.4 months’ worth of export cover in the autumn
Crypto firms are dodging scrutiny, US comptroller warns
Hsu compares crypto exchange FTX to BCCI, subject of infamous ’90s banking scandal
Peru holds rates for second month
Governor says economic growth likely to underperform central bank’s estimates
Saudi Arabia gives Turkish central bank $5 billion
Turkish government moves to protect workers from firing in aftermath of earthquake
US lender tied to FTX goes into liquidation
Federal government investigating California bank linked to failed crypto exchange
BoE’s Dhingra cautions against ‘overtightening’
MPC member says there is little evidence cost pressures are being embedded in wages and margins
Layoffs higher in US tech industry – St Louis Fed
Data shows layoffs in “information industry” were up over 65% compared with April 2022
Blanchard and Summers say higher inflation likely to persist
Veteran economists say structural factors are likely to push up neutral rate and inflation
Lane sees tentative signs of easing in underlying inflation
ECB officials stress need to keep tightening monetary policy in the months ahead
Georgieva backs flexible credit line for Morocco
IMF executive board to consider request for $5 billion facility
IMF raises borrowing limits amid ‘challenging’ environment
Managing director calls on members to contribute more resources
Rates round-up: Australia signals more tightening to come
Guatemala and West African states increase rates, while Jamaica raises reserve requirement
Russian payment system to start operation in Cuba soon
Ambassador says Mir will help Cuba counter effects of embargo
Dallas Fed warns of global housing ‘slide’
US and German markets are out of touch with fundamentals, authors say
Argentine minister announces new dollar rate for winemakers
New bid to help exporters and build reserves after success of soy dollar
Brazil’s central bank authorises business payments on WhatsApp
Peers can also send money in India, while B2B only is enabled in Singapore
Easing supply chain pressures could bring US inflation below 4%
But authors with the New York Fed warn a further oil shock could keep inflation near 6% in 2023
Sri Lanka central bank negotiates rate rise with IMF
Stricken country raises interest rates and taxes in bid for $2.9 billion loan